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Average price of Urals crude oil totals $50.51 per barrel from Jan. 15 to Feb .14

Currently, the oil export duty stands at $12.8

MOSCOW, February 15. /TASS/. The average price of the Russian Urals export crude oil amounted to $50.51 per barrel from January 15 to February 14, 2023, the Russian Finance Ministry reported on Wednesday.

"The average price of the Urals oil in the monitoring period from January 15 to February 14, 2023 amounted to $50.51 per barrel, or $368.7 per ton," the report said.

According to the ministry’s calculations, Russia’s crude export duty will go up by $1.4 starting March 1, 2023 to $14.2 per ton.

Currently, the oil export duty stands at $12.8.

The export duty per ton will increase to $4.2 from $3.8 on light oil products and oils, to $14.2 from $12.8 on dark oil products, to $4.2 on commercial gasoline, and to $7.8 from $7 on naphtha (straight-run gasoline), the ministry said. The duty on liquefied natural gas and clean fractions of liquefied petroleum gas will be zero. The coke duty will amount to $0.9 per ton.

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